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So the fiduciary rule got tossed yesterday
How do you all deal with the guilt of leaving a comany/ team? I have been working at Microsoft for 1 year now, and seriously considering moving. I find the code base to be very legacy and I mostly work on obscure bugs that I spend so much time on, mostly due to navigating this large code base and not having much docs to refer to. Hence I find the job slightly unsatisfying, and that I could learn more elsewhere. However, I love the wlb, the team and company culture. The guilt stops my applying.
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Wouldn't most of the experienced hires have come from other consultancies anyway? I feel like the people who finally made it into MBB from tier 2, not to mention big 4 or Accenture, wouldn't go back because of one year of bad bonuses, especially if the same reasons for the low bonuses impacted their former employer.
Nuance of "most" vs "a lot". Both can be true at the same time when you talk of large numbers of people, but in this case, I think the proportion matters more than having a minority with a high gross headcount.
That is unless there's a claim that most consulting experienced hires are from outside of consulting, which would be news to me.
Rising Star
Maybe they can get a job in tech
It’s a common theme in IB too this year. Bulge brackets are planning to hand out $0 bonuses to some bankers in the expectation that some of these folks will voluntarily attrite
Pro
What's EH?
And how does the reduction work? Smaller bonuses?
Pro
Is work slowing down there or something? Getting affected by the interest rates/recession?
Lol same even here. EH, hit with a big total comp reduction from 2023! Wtf!
What is the point of posting this here instead of in the company bowl?